Artificial Grass Market Business scenario, Revenue, Growth Rate and Forecast till 2030 | Emergen Research
“Artificial Grass Market | Emerging Research”
Rising consumer demand for outdoor and lawn decorations activities is a key factor driving market revenue growth
The global artificial grass market size was USD 4.05 billion in 2021 and is expected to register a revenue CAGR of 6.72% during the forecast period, according to the latest analysis by Emergen Research. Market revenue growth is primarily driven by rising demand for recyclable, sustainable, eco-friendly, and temperature-resistant artificial grass materials. Artificial turf is resistant to low temperatures and can be used in all weather conditions, which is ideal for commercial and home landscaping.
Development of fire retardant synthetic grass is creating opportunities for the market to grow. For example, on 28 April 2022, ResiGrass, which is based in Belgium launched high-quality natural-looking artificial grass with fire-resistant properties. In addition, rising demand for commercial landscaping solutions is driving revenue growth in the market. Moreover, biodegradable and recyclable artificial turfs are environment-friendly, low maintenance, and available in a variety of sizes. It also increases aesthetic appeal and adds a calming and relaxing effect to residential and commercial complexes.
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This report helps both major players and new entrants to analyze the market in-depth. This will help the leading players decide on their business strategy and set goals. This report provides critical market information, including Artificial Grass market size, growth rates and forecasts in key regions and countries, as well as growth opportunities in niche markets.
Major Players/Manufacturers profiled in the report are:
Namgrass, PK Versi Turf Private Limited, Ross NW Watergardens, Tarkett, Sport Group, Altius Sports, Artificial Grass Liquidators, Crestview Advisors, LLC, CCGrass, SIS Pitches, Turf Green, and Victoria PLC.
The Artificial Grass report contains data based on rigorous primary and second-level research using proven research methods. This report provides all-around information that aids in the estimation of every part of the Artificial Grass market. This report was created by considering several aspects of market research and analysis. These include market size estimates, market dynamics, company and market best practices.
Some key highlights
- The nylon segment accounted for a steady revenue CAGR over the forecast period. Presently, nylon is the most popular material for carpeting and is also used in a variety of other products that require tensile strength and durability. Nylon has some significant qualities that make it a good choice for artificial turf. Synthetic grass made of nylon can be used in both residential and commercial settings such as backyard and rooftop decks, indoor lawns, and athletic turf. Where a blend of softness and resilience is required, nylon can also be found as a secondary fiber, which is driving revenue growth of the segment.
- The sports court segment accounted for largest revenue share in 2021. This is attributed to increasing installation of artificial grass in stadiums, clubs, and sports grounds to increase safety and performance.
- The North America market accounted for second-largest revenue share in 2021. This is attributed to rising investments in research activities for developing advanced synthetic grass technologies. Rising demand for recyclable and sustainable artificial turf is also contributing to revenue growth of the market in the region.
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Emergen Research has segmented the global artificial grass market based on fiber materials, infill materials, application, and region:
- Fiber Material Outlook (Revenue, USD Billion; 2019-2030)
- Infill material Outlook (Revenue, USD trillion; 2019-2030)
- Plant based infills
- Petroleum based infills
- Sand based infills
- Application Outlook (Revenue, USD Billion; 2019-2030)
- Sports Court
- Indoor & outdoor gardens
- swimming pools
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The readers in the section will understand how the Artificial Grass Market scenario changed across the globe during the pandemic and post-pandemic. The study is done keeping in view the changes in aspects such as production, demand, consumption, and supply chain. The Market experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall market in the years to come.
Geographic Segment Covered in the Report:
The Artificial Grass Market report offer insights and statistics about the market area which is further also divided into sub-regions and countries. For the purpose of this study, the report has been segmented into the following regions and countries-
- North America (USA and Canada)
- Europe (UK, Germany, France and the rest of Europe)
- Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
- Latin America (Brazil, Mexico, and the rest of Latin America)
- Middle East and Africa (GCC and rest of the Middle East and Africa)
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Key questions answered in the report:
- What will the market development pace of Artificial Grass market?
- What are the key factors driving the Global Artificial Grass market?
- Who are the key manufacturers in market space?
- What are the market openings, market hazard and market outline of the market?
- What are sales, revenue, and price analysis of top manufacturers of Artificial Grass market?
- Who are the distributors, traders, and dealers of Artificial Grass market?
- What are the Artificial Grass market opportunities and threats faced by the vendors in the Global Artificial Grass industries?
- What are deals, income, and value examination by types and utilizations of the market?
- What are deals, income, and value examination by areas of enterprises
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